New approach needed to better tap Chinese market: experts
Thursday, December 7,2023AsemconnectVietnam - Experts at a conference in Ho Chi Minh City on December 6 stressed the need for both producers and exporters to change the mindset and approach to boost exports to China, a potential market for Vietnamese farm produce.
The conference, held by Vietnam Sanitary and Phytosanitary Notification Authority and Enquiry Point (SPS Vietnam), provided guidance for businesses to meet sanitary and phytosanitary standards.
To Ngoc Son, Deputy Director of the Asia-Africa Market Department under the Ministry of Industry and Trade, said China is Vietnam's most important trade partner with bilateral trade reaching 175.5 billion USD in 2022, accounting for 24% of Vietnam's total import-export turnover.
This year, China remains an important export market for many Vietnamese agricultural products as it makes up nearly 54% of Vietnam's accumulative fruit and vegetable export value, he went on.
Meanwhile, Vietnam has been China's fourth most important trade partner and its main supplier of such products as lychee, dragon fruit and cashew nuts.
However, Son said Vietnamese exporters have yet to fully tap the market due to the habit of exporting via unofficial channels, prompting the neighbouring country to restrict it and boost exports via official channels, and set sanitary and phytosanitary standards.
Besides, Vietnamese agricultural products are under increasing competition from other countries in the region, he said.
Therefore, he said producers need to ensure product quality, and exporters should shift to official channels, stay updated on the market’s new trends and taste, and enhance regional approach to the big market, the official recommended.
Vietnamese agro-aquatic product exporters were also advised to pay special heed to China’s Decree 248 on regulations on the registration and administration of overseas manufacturers of imported food, and Decree 249 on administrative measures on import and export food safety, both issued in 2021./.
Source: en.vietnamplus.vn/new-approach-needed-to-better-tap-chinese-market-experts/272449.vnp
Ample room for Vietnam, Japan to boost cooperation in digital economy: Forum
Ample room remains for HCM City - St. Petersburg cooperation: Forum
Bac Giang, RoK’s Chungcheongnam province sign cooperation agreement
Vietnam to develop initiatives to sustain FDI flows
Vietnam, Cambodia launch cross-border QR payment link
Vietnam attends international craft exhibition in Italy
Ministry ready to support partnerships between Vietnamese, Belgian firms
Vietnam, Canada cooperate in IP management
PM meets Danish, UK energy groups’ representatives on COP28 sidelines
Programme held in Thai Binh province to bolster Vietnam – RoK ties
EU sees Vietnam as vivid demonstration of EVFTA success
Dong Thap calls for investment from Japan
President’s Japan visit yields comprehensive outcomes: FM
Vietnamese, Chinese firms seal 21 deals across sectors
Plan on implementing national strategy on climate change ...
Actively and effectively adapting, reducing vulnerability, loss and damage due to climate change; reduce greenhouse gas emissions ...Scheme on attracting, restructuring and improving quality ...
Urban development plan of Binh Phuoc province in a period ...
Plan on implementing Decision No. 327/QD-TTG dated March ...
Hung Kings Temple Festival 2023 kicks off
The Hung Kings Temple Festival 2023 and the Culture and Tourism Week of Ancestral Land 2023 kicked off in the northern province of Phu Tho ...Vietnam trounce Palestine at AFC U-17 Women's Asian ...
Phu Tho: Festival honours UNESCO intangible cultural ...
Saigontourist Group Food and Culture Festival 2023 opens
Vietnam’s top swimmer Huy Hoang to hold Vietnamese flag at ...